Ctrip.com Beats Q4 Estimates

Ctrip.com International reported Q4 and 2012 results today. For the quarter, the company's revenues were 1.1 billion yuan ($175 million), a gain of 19% on a year-over-year basis. Non-GAAP net income was 306 million ($49 million; $0.35 per diluted share), a 12% decline from Q4 2011. That was, however, much higher than the $0.25 EPS expected by analysts.